GRID DYNAMICS HOLDINGS, INC. — Director's Dealing 2020

Dec 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK: 0001743725
Period of Report: 2020-12-16

Reporting Person: Livshitz Victoria (EVP of Customer Success)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-16	Common Stock	P	88000	$11.727	Acquired	277804	Indirect
2020-12-16	Common Stock	P	38000	$11.7108	Acquired	119343	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	199500	Direct
Common Stock	576732	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $11.46 to $11.835. The price reported above reflects the weighted average purchase price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate sale price.

F2: The shares are held of record by the Victoria Livschitz Charitable Trust, for which the Reporting Person serves as trustee.

F3: This transaction was executed in multiple trades at prices ranging from $11.46 to $11.785. The price reported above reflects the weighted average purchase price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate sale price.

F4: The shares are held of record by the Livschitz Children's Charitable Trust, for which the Reporting Person serves as trustee.

F5: The shares are held of record by VLSK 2019 LLC, for which the Reporting Person serves as a member.